Zacks Research Issues Pessimistic Outlook for IDEX Earnings

IDEX Corporation (NYSE:IEXFree Report) – Stock analysts at Zacks Research reduced their Q1 2026 EPS estimates for IDEX in a research report issued on Friday, December 26th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $1.82 per share for the quarter, down from their prior estimate of $1.83. The consensus estimate for IDEX’s current full-year earnings is $8.26 per share. Zacks Research also issued estimates for IDEX’s Q2 2026 earnings at $2.15 EPS, Q4 2026 earnings at $2.11 EPS, FY2026 earnings at $8.24 EPS, Q1 2027 earnings at $2.05 EPS, Q2 2027 earnings at $2.41 EPS, Q3 2027 earnings at $2.33 EPS and FY2027 earnings at $9.13 EPS.

Other equities research analysts also recently issued reports about the company. Stifel Nicolaus dropped their target price on IDEX from $204.00 to $191.00 and set a “buy” rating on the stock in a report on Monday, October 20th. Citigroup boosted their price objective on shares of IDEX from $197.00 to $202.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Royal Bank Of Canada decreased their price objective on shares of IDEX from $200.00 to $195.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Cowen reaffirmed a “buy” rating on shares of IDEX in a research report on Wednesday, December 3rd. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of IDEX in a research note on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, IDEX has an average rating of “Moderate Buy” and a consensus price target of $196.86.

Read Our Latest Report on IEX

IDEX Stock Performance

Shares of IEX stock opened at $179.35 on Monday. The company has a current ratio of 2.93, a quick ratio of 2.06 and a debt-to-equity ratio of 0.47. The stock has a 50 day simple moving average of $172.68 and a 200-day simple moving average of $170.41. The company has a market cap of $13.42 billion, a price-to-earnings ratio of 28.38, a price-to-earnings-growth ratio of 1.90 and a beta of 1.01. IDEX has a 12-month low of $153.36 and a 12-month high of $226.04.

IDEX (NYSE:IEXGet Free Report) last announced its earnings results on Friday, December 16th. The industrial products company reported $1.79 earnings per share for the quarter. The company had revenue of $712.00 million for the quarter. IDEX had a return on equity of 15.20% and a net margin of 13.97%.

Hedge Funds Weigh In On IDEX

A number of hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its stake in IDEX by 324.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,288 shares of the industrial products company’s stock valued at $414,000 after acquiring an additional 1,749 shares during the period. Walleye Capital LLC lifted its stake in shares of IDEX by 177.4% during the 1st quarter. Walleye Capital LLC now owns 1,641 shares of the industrial products company’s stock valued at $297,000 after buying an additional 3,760 shares in the last quarter. B. Metzler seel. Sohn & Co. AG boosted its holdings in IDEX by 69.2% in the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 6,228 shares of the industrial products company’s stock worth $1,127,000 after buying an additional 2,548 shares during the period. BNP Paribas Financial Markets grew its stake in IDEX by 41.6% in the 1st quarter. BNP Paribas Financial Markets now owns 177,097 shares of the industrial products company’s stock valued at $32,049,000 after buying an additional 51,996 shares in the last quarter. Finally, State of Wyoming raised its holdings in IDEX by 19.0% during the 1st quarter. State of Wyoming now owns 1,009 shares of the industrial products company’s stock valued at $183,000 after acquiring an additional 161 shares during the period. 97.96% of the stock is currently owned by institutional investors.

IDEX declared that its Board of Directors has approved a stock repurchase program on Thursday, September 18th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the industrial products company to buy up to 8.3% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

IDEX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a $0.71 dividend. The ex-dividend date is Friday, January 16th. This represents a $2.84 annualized dividend and a yield of 1.6%. IDEX’s dividend payout ratio (DPR) is currently 44.94%.

About IDEX

(Get Free Report)

IDEX Corporation is a diversified industrial manufacturer specializing in the design, production and distribution of highly engineered fluidics systems, measurement technologies and safety solutions. The company’s core offerings include positive-displacement pumps, flow meters, valves, sampling systems and analytical instruments that serve a wide range of end markets such as water treatment, chemical processing, energy, food and beverage, and life sciences. Through its focus on precision engineering and proprietary material science, IDEX delivers products designed for reliability in demanding applications.

Operations at IDEX are organized into three principal segments.

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Earnings History and Estimates for IDEX (NYSE:IEX)

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